We don't have to tax at 1943 rates, hows about the 1986 rates put into place by that liberal?
Of course then capitol gains would be taxed at the same 28% rate as ordinary income and god knows we cant have that, guys like the gentleman in question have figured out how to classify income as capitol gains and sail along at 15% and they even want that lowered to zero.
The hedge fund and private equity managers have been laughing their butt's off for years over this , even Warren Buffet has slammed it, but hey its the golden rule, those with the gold rule.
shamus